Agency said supported more than $29 billion in lending in fiscal year ended Sept. 30
Technology Credit Union expands SBA program with goal of helping more members grow their businesses in Silicon Valley and greater Bay Area.
The $2.5 billion Northwest Federal Credit Union in Herndon, Va., is among the latest to receive approval to become an SBA lender.
The Small 7(a) Lender of the Year Award was shared by Village Bank & Trust of Des Plaines, Ill., and Eastern Bank of Boston.
More than 80% of small business loans made by SBLF participants were made in amounts of $250,000 or less, according to the Treasury Department.
Sen. Seth Goodall has applauded the support he received from his credit union when he started a landscape business.
Three years after it started offering business loans, Members Choice CU moves to No. 9 on the SBA list for big Texas market.
More than 100 business people also gathered for recent seminar at Philadelphia's Temple University.
The Veteran Pledge Initiative involves the SBA and 20 of the country’s top national, regional and community lenders, the agency said.
The $125 million cooperative in Reno, Nev., said it is the first new SBA lender in northern Nevada in more than nine years.